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Nagel says Europe needs digital currency for ‘sovereignty’

Summary by OMFIF

Europe should introduce a digital currency – both for retail and wholesale use – as a sovereign instrument to stand up against private sector forces in global finance, according to Joachim Nagel, president of the Deutsche Bundesbank.

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Nagel says Europe needs digital currency for ‘sovereignty’

Europe should introduce a digital currency – both for retail and wholesale use – as a sovereign instrument to stand up against private sector forces in global finance, according to Joachim Nagel, president of the Deutsche Bundesbank.

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OMFIF broke the news in 9 days ago on Friday, February 14, 2025.

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